GDP growth in United Arab Emirates
United Arab Emirates: GDP growth was 3.99 in 2024. ◆ Volatile
Latest (2024)
3.99
Change on year
down 7.2%
World rank
16th
of 74 countries
All-time high
76.62
in 1973
All-time low
-14.96
in 1986
Years of data
54
1971–2024
GDP growth in United Arab Emirates, 1971–2024
Source: UNICEF.
Analysis
The most recent figure for gdp growth in United Arab Emirates is 3.99, measured in 2024.
That represents a change of down 7.2% on the previous year and down 13.8% over ten years.
Over the whole period, gdp growth in United Arab Emirates peaked at 76.62 in 1973 and was at its lowest, -14.96, in 1986.
United Arab Emirates ranks 16th of 74 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth in United Arab Emirates, year by year
| Year | Value | Change |
|---|---|---|
| 1971 | 36.61 | — |
| 1972 | 39.08 | +6.7% |
| 1973 | 76.62 | +96.1% |
| 1974 | 14.5 | -81.1% |
| 1975 | 6.23 | -57.0% |
| 1976 | 16.53 | +165.4% |
| 1977 | 21.44 | +29.7% |
| 1978 | -1.59 | -107.4% |
| 1979 | 20.92 | -1416.3% |
| 1980 | 23.87 | +14.1% |
| 1981 | 4.66 | -80.5% |
| 1982 | -6.72 | -244.2% |
| 1983 | -4.75 | -29.4% |
| 1984 | 4.02 | -184.6% |
| 1985 | -3.59 | -189.5% |
| 1986 | -14.96 | +316.1% |
| 1987 | 3.38 | -122.6% |
| 1988 | -2.62 | -177.4% |
| 1989 | 12.34 | -571.1% |
| 1990 | 18.33 | +48.6% |
| 1991 | 0.8601 | -95.3% |
| 1992 | 3.34 | +288.9% |
| 1993 | 1.26 | -62.3% |
| 1994 | 6.9 | +446.8% |
| 1995 | 6.69 | -3.0% |
| 1996 | 5.8 | -13.3% |
| 1997 | 8.19 | +41.3% |
| 1998 | 0.292 | -96.4% |
| 1999 | 2.9 | +893.9% |
| 2000 | 10.85 | +273.9% |
| 2001 | 1.4 | -87.1% |
| 2002 | 2.43 | +73.9% |
| 2003 | 8.8 | +261.6% |
| 2004 | 9.57 | +8.7% |
| 2005 | 4.86 | -49.2% |
| 2006 | 9.84 | +102.6% |
| 2007 | 3.18 | -67.6% |
| 2008 | 3.19 | +0.2% |
| 2009 | -5.24 | -264.3% |
| 2010 | 1.6 | -130.6% |
| 2011 | 6.74 | +320.3% |
| 2012 | 4.68 | -30.5% |
| 2013 | 4.92 | +5.0% |
| 2014 | 4.63 | -5.8% |
| 2015 | 7.09 | +53.0% |
| 2016 | 5.66 | -20.2% |
| 2017 | -1.06 | -118.8% |
| 2018 | 1.54 | -244.8% |
| 2019 | 1.27 | -17.3% |
| 2020 | -8.69 | -783.8% |
| 2021 | 4.55 | -152.4% |
| 2022 | 7.51 | +65.1% |
| 2023 | 4.3 | -42.8% |
| 2024 | 3.99 | -7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.59 | -1.59 | 76.62 | 9 |
| 1980s | 1.56 | -14.96 | 23.87 | 10 |
| 1990s | 5.46 | 0.292 | 18.33 | 10 |
| 2000s | 4.89 | -5.24 | 10.85 | 10 |
| 2010s | 3.71 | -1.06 | 7.09 | 10 |
| 2020s | 2.33 | -8.69 | 7.51 | 5 |
Countries ranked near United Arab Emirates
More economy & growth data for United Arab Emirates
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.85 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.54 Percent per annum (2029)
- Services, value added (current US$), annual growth rate 7.78 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.549 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 27,601 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 7.78 % change on previous year (2024)
- Services, value added (current LCU), per unit of GDP 2.02 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per capita 101,364 current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 4.92 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.4975 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gdp growth in United Arab Emirates?
- Gdp growth in United Arab Emirates was 3.99 in 2024, according to UNICEF.
- What is the highest gdp growth recorded in United Arab Emirates?
- The highest recorded value was 76.62 in 1973.
- What is the lowest gdp growth recorded in United Arab Emirates?
- The lowest recorded value was -14.96 in 1986.
- How does United Arab Emirates rank for gdp growth?
- United Arab Emirates ranks 16th out of 74 countries with data for 2024.
- Is gdp growth rising or falling in United Arab Emirates?
- Over the last ten years it is down 13.8%. The long-run trend across the full record is volatile.
- Where does this United Arab Emirates data come from?
- The figures come from UNICEF, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under UNICEF Terms of Use (attribution required).